Tuesday, November 27, 2018

Tag "Kemi Adeosun"

    Shittu, Adeosun and the NYSC

Shittu, Adeosun and the NYSC

From the look of things, the National Youth Service Corps (NYSC) may kick-start the redemption in public service integrity that Nigerians have always craved for. Beginning with the whistle blown by the highly-respected news medium, Premium Times, on the dud NYSC certificate of former Minister of Finance, Mrs. Kemi Adeosun and the latest revelation about the failure to undergo the [...]

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    Like Adeosun, Adebayo Shittu caught in NYSC scandal

Like Adeosun, Adebayo Shittu caught in NYSC scandal

Adebayo Shittu, minister of communications, reportedly failed to participate in the National Youth Service Corps (NYSC) scheme.Premium Times is reporting that the minister skipped the compulsory programme despite graduating from the University of Ife (now Obafemi Awolowo University, OAU) at age 25.The NYSC act makes it compulsory for all Nigerians who earn degrees or higher national diplomas from tertiary institutions in [...]

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    Lessons from Adeosungate

Lessons from Adeosungate

Nigeria’s former Minister of Finance (2015-2018), Kemi Adeosun threw in her letter of resignation on Friday, September 14, to bring to a temporary closure, the public outcry and the embarrassment that her possession of a fake National Youth Service Corps Exemption Certificate had generated since July when it was first reported. Her letter of resignation in which she blames “trusted [...]

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    PDP to May: Don’t shelter Adeosun in UK

PDP to May: Don’t shelter Adeosun in UK

The Peoples Democratic Party (PDP) has asked the United Kingdom not to shield Kemi Adeosun, embattled ex-minister of finance, from prosecution.Adeosun, who resigned after admitting that her National Youth Service Corps (NYSC) exemption certificate was forged, is said to have departed to the UK.In her resignation letter, Adeosun said she did not know the certificate was falsified as she relied [...]

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    I am in good hands, says Zainab Ahmed as she takes charge of finance ministry

I am in good hands, says Zainab Ahmed as she takes charge of finance ministry

Zainab Ahmed, acting minister of finance, assumed duty on Monday, expressing hope that she is in good hands.President Muhammadu Buhari appointed her following the resignation of Kemi Adeosun who was caught in a scandal of forging the exemption certificate of the National Youth Service Corps (NYSC).Ahmed described the task ahead of her as challenging, promising to tap from the experience [...]

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    Kemi Adeosun’s resignation: The nakedness of a nation

Kemi Adeosun’s resignation: The nakedness of a nation

On (the) Friday morning, 14th of September, 2018, it was quietly leaked by one of the national dailies—that the former Hon. Minister of Finance had resigned after about two months that the news of her fake NYSC exemption certificate was first divulged to the whole world by an online medium. As an effect of this feat, Nigerians began to shower [...]

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    APC: Adeosun’s resignation shows character, integrity

APC: Adeosun’s resignation shows character, integrity

The All Progressives Congress (APC) says the resignation of Kemi Adeosun as minister of finance is an act of honour, strength, character and integrity.Yekini Nabena, acting national publicity secretary of the APC, said this in a statement on Sunday in Abuja.In her resignation letter to the president, Adeosun admitted that her National Youth Service Corps (NYSC) exemption certificate was forged.The [...]

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    Adeosun ‘departs Nigeria’ after resignation

Adeosun ‘departs Nigeria’ after resignation

Kemi Adeosun, Nigeria's former minister of finance, has departed the country, a day after turning in her resignation letter.The minister had resigned after admitting that her National Youth Service Corps (NYSC) exemption certificate was forged.In her resignation letter, Adeosun said she didn't know the certificate was falsified as she relied on associates to obtain it after she returned to the [...]

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    Kemi Adeosun: A postscript

Kemi Adeosun: A postscript

BY YEMI AJAYIFinally and with no place to hide any further, Nigeria's Finance Minister, Mrs. Kemi Adeosun, had no choice than to quit on September 14, 2018.For over 60 days, she had defiantly ridden the storm, given cover and encouragement by accomplices in top government positions, including a presidential aide, Prof. Itse Sagay,  and egged on by a large crowd [...]

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    Associates: Adeosun resigned to save Buhari’s re-election bid

Associates: Adeosun resigned to save Buhari’s re-election bid

Kemi Adeosun, the minister of finance, resigned her appointment so as not to be a baggage to President Muhammadu Buhari's re-election bid, her associates have told TheCable.Daily Trust broke the news of her resignation on Friday following a report by Premium Times that she presented a forged NYSC exemption certificate as part of her credentials.But TheCable learnt that she was [...]

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    Abacha Loot: Finance ministry speaks on N7bn lawyers’ fees

Abacha Loot: Finance ministry speaks on N7bn lawyers’ fees

The ministry of finance says it has no information on the payment of lawyers hired by Abubakar Malami, attorney-general of the federation (AGF), for the recovery of  $321 million looted by Sani Abacha, former military dictator.Acting on a tip-off that the Nigerian lawyers were about to be paid, the Cable Newspaper Journalism Foundation (CNJF), a partner organisation with TheCable, had asked [...]

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    HEDA asks court to compel IGP to probe Adeosun’s NYSC certificate

HEDA asks court to compel IGP to probe Adeosun’s NYSC certificate

The Human and Environmental Development Agenda Resource Centre (HEDA) has filed a motion exparte before the federal high court in Lagos seeking the probe of Kemi Adeosun, minister of finance.HEDA has requested an order compelling Ibrahim Idris, inspector-general of police (IGP), to investigate the allegations of certificate forgery against the minister.Premium Times had reported that Adeosun forged an exemption certificate [...]

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    Adeosun appointed board chairman of Nigeria Bulk Electricity Trading company

Adeosun appointed board chairman of Nigeria Bulk Electricity Trading company

Kemi Adeosun, the minister of finance, has been appointed as the chairman, board of directors of Nigeria Bulk Electricity Trading Company (NBET).In a statement released on Wednesday, Hassan Dodo, the director of information at the ministry of finance, said the appointment was approved by the Acting President Yemi Osinbajo.According to Dodo, the director-general, Bureau of Public Enterprises is the vice [...]

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    Adeosun, Sagay and the one percentile pooping on the rest of us

Adeosun, Sagay and the one percentile pooping on the rest of us

BY BANJO DAMILOLAWhen the Federal government was stalling in honouring its contract with a whistleblower, Chairman of the Presidential Advisory Committee on Corruption maters, Professor Itse Sagay told Nigerians the reason his principal and its agency, the EFCC would not honour the contract was because they were protecting the whistleblower from himself. In Prof. Sagay’s words, the whistleblower “is like [...]

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    Sagay: Who cares about youth service? We can’t afford to lose Adeosun

Sagay: Who cares about youth service? We can’t afford to lose Adeosun

Itse Sagay, chairman of Presidential Advisory Committee Against Corruption (PACAC), says he does not believe that Kemi Adeosun, minister of finance, forged her National Youth Service Corps (NYSC) exemption certificate.Premium Times had reported that the minister falsified her NYSC exemption certificate but she is yet to react to the allegation.Speaking with The Nation on Thursday, Sagay described Adeosun as a [...]

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    Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries says it recorded a 22 percent decline in profit after tax for the half year ended June 30.This is according to the company’s unaudited result submitted to the Nigerian Stock Exchange (NSE) for the period under review.NAN reports that the company posted a profit after tax of N18 billion compared to N24 billion recorded in the corresponding period [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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